The U.S. dollar held near a 6-1/2-month peak against major peers and bitcoin was solidly poised just below record highs on Wednesday as markets sized up so-called Trump trades ahead of key U.S. inflation data later in the day.
Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up.
Crypto investors are getting excited about the latest price surge of Bitcoin, which occurred only days after the US election, fueled by favorable market sentiment toward the digital currency industry. Long-term holders of the firstborn cryptocurrency are now becoming interested in Bitcoin, as the digital coin is fast approaching the much-anticipated $90,000 mark.
Bitcoin has once again made headlines, reaching a thrilling new all-time high of $89,900 before settling slightly lower at $87,983.96. This recent surge has set the stage for a historic market milestone: a staggering $54,000 margin between Bitcoin's current price and its average realized price.
Bitcoin price recently achieved a new milestone, briefly trading above $90,000 following a period of sustained growth. This rally, attributed partly to renewed optimism within the crypto community, has marked a record-breaking period for the cryptocurrency.
With Bitcoin's unrelenting rally toward $100,000, XRP recently reached the psychologically significant $0.60 mark, which should ideally serve as a launching pad for additional gains. Investors are becoming concerned, though, as XRP is showing indications of a possible reversal rather than rising in lockstep.
How is Bitcoin playing a key role in their financial revolution?
In his latest essay titled “Black or White?”Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, lays out an analysis predicting that Bitcoin could soar to $1 million.
Blackrock's spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU's nearly $33 billion.
Bitcoin recorded its largest daily gain in history with $8,400 added on Veterans Day. Could the largest crypto by market cap hit the $90,000 level?
Nano Labs hopes Bitcoin payments will help expand global transaction options and boost its market position.
The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.
Singapore-based AI firm Genius Group has adopted a "Bitcoin-first" strategy, committing to hold 90% of its reserves in Bitcoin and planning to invest $120 million to acquire approximately 1,380 BTC as its primary treasury asset. The post AI Firm Genius Group Adopts Bitcoin as Treasury Asset appeared first on Cryptonews.
BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China's state-led capitalism under President Donald Trump's administration.
The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst. Notably, the Bitcoin price has now returned into a full bullish sentiment, with the crypto fear and greed index now pointing to extreme greed.
Bitcoin miner MARA, formerly known as Marathon Digital, holds 26,747 bitcoin on its balance sheet as of Oct. 31.
El Salvador has initiated its third dollar bond buyback this year, bolstered by Bitcoin's all-time high after the US election results.
The world's largest exchange, Binance, has recorded $7.159 billion in inflows over the last seven days, marking the second consecutive week with over a billion in inflows this month. The exchange has a total net flow of over $5 billion in November alone.
Leading cryptocurrency Bitcoin (BTC) has been on a relentless bull run, consistently breaking new all-time highs over the past week. As of this writing, the king coin exchanges hands at $85,662, recording a 5% increase in the last 24 hours.
Bitcoin (CRYPTO: BTC) has reached a new milestone, surpassing the market cap of silver and becoming the world's eighth-largest asset by valuation. What Happened: Currently valued at $1.74 trillion, Bitcoin's swift rise contrasts sharply with the long-standing value of silver, which has a market cap of approximately $1.71 trillion, according to data.
Maybe the current crypto rally has enough juice to push the coin above that once-inconceivable level.
Bitcoin surged past $90K on Nov. 12, arket reports indicate U.S. corporate giants, notably MicroStrategy (MSTR) and BlackRock (IBIT), are leading the rally.
Bitcoin hit $90,000, but holding it is proving to be a challenge. Cointelegraph explains why.
Professional Capital Management founder and CEO Anthony Pompliano revealed on Cavuto: Coast to Coast that the president-elect, Donald Trump, holds Bitcoin and “loves it”. Pompliano attributed the surge to the leadership of a pro-Bitcoin president who has vowed to protect the rights of its investors.
The world's largest cryptocurrency has been reaching all-time highs amid positive market sentiment following Donald Trump's election victory.
Bitcoin surged to record levels, and higher Bitcoin dominance sparks new opportunities in altcoin markets.
Bitwise Chief Investment Officer Matt Hougan expects Bitcoin to breach $100,000 by year's end and $200,000 by the end of 2025.
Bitcoin soared past the $90,000 mark for the first time ever, spurred by fresh institutional investments and optimistic regulatory forecasts. Surging Past $90,000, Bitcoin Marks a New Era Bitcoin, the preeminent crypto asset, has shattered expectations by breaking the $90,000 barrier, achieving a historic new high.
A crypto analyst and trader who nailed the 2022 Bitcoin bull market top thinks BTC is rapidly approaching parabolic territory. Pseudonymous analyst Dave the Wave tells his 147,000 followers on the social media platform X that Bitcoin will likely erupt and witness steep rallies once it shatters a key psychological level.
Bitcoin's recent surge is driven by political shifts, major institutional buys, and increased market optimism.
Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government.
Bitcoin has notched another major milestone, topping $90,000 for the first time following the election of Donald Trump as the next US president.
BitMEX co-founder Arthur Hayes believes that the US is about to go on a massive money printing spree that could send Bitcoin (BTC) soaring to seven figures.
Bitcoin's hash rate is surging to new all-time highs, signaling strong miner confidence in the network's future. Discover how the Hash Ribbons Indicator helps decode miner sentiment and why this bullish crossover could hint at upcoming price momentum.
Cryptocurrency markets are trading higher, with Bitcoin ETFs recording another strong trading day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $89,117.97 +3% Ethereum (CRYPTO: ETH) $3,279.31 -0.8% Solana (CRYPTO: SOL) $213.08 -2.4% Dogecoin (CRYPTO: DOGE) $0.3846 +20.5% Shiba Inu (CRYPTO: SHIB) $0.00002644 -3.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17%.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist joins Bloomberg intelligence to discuss bitcoins current surge.
While Bernstein rejoices the newfound global crypto optimism post-Trump election win, Bitcoin has breached its all-time high, but as the world's fifth largest economy and the largest democracy, can India afford to ignore Bitcoin, Bernstein asked in its latest note.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cleve Mesidor, founder of National Policy Network of Women of Color in Blockchain, discusses the crypto industry's impact on the 2024 election.
Bitcoin surges to a near $90K level before markets pulled back on signs of tech fatigue. Bloomberg's Sonali Basak joins Caroline Hyde to discuss on "Bloomberg Technology.
AI education firm Genius Group plans to hold Bitcoin as a reserve asset, with an aim to have the coin make up 90% of its treasury.
Bitso, a leading crypto exchange in Latin America, has rolled out Lightning Network support for 100% of its users. On Nov.
Traders are eyeing $100,000 for bitcoin by the end of the year potentially. The total crypto market value has surged to $3 trillion since the election.
Donald Trump's election victory has been a win for the world's most popular cryptocurrency. The price of bitcoin came close to $90,000 on Tuesday (Nov. 12), driven by continued enthusiasm for the advent of a pro-crypto White House, Reuters reported.
Bitcoin experienced an explosive surge yesterday, with bulls driving the price to a new all-time high (gain) at $89,980. This relentless uptrend highlights growing optimism among investors as Bitcoin continues to break new ground.
Bitcoin (CRYPTO: BTC) advocate and Morgan Creek Digital co-founder, Anthony Pompliano on Tuesday expressed unwavering confidence in Bitcoin's long-term dominance despite market fluctuations, asserting that the apex crypto is the king of the cryptocurrency market which will not die.
Hedge fund heavyweight Scott Bessent, if appointed to lead the Treasury, would play a major role in overseeing a prospective U.S. government Bitcoin stockpile.
Sixty-percent of Kalshi bettors believe that bitcoin could top $100,000 by year's end.
